A 35-year-old farmer was found dead hanging in a bus waiting shed near his house at Kottiyur, near Thirunelly, in Wayanad on Wednesday.
The police identified the deceased as K.V. Rajesh of Kottiyur. Rajesh went missing on Tuesday night and the body was found on Wednesday morning.
Rajesh had borrowed ₹1.5 lakh from financial institutions and a huge amount from friends, farmer self-help groups, and relatives to cultivate plantain on his 1.5-acre plot. But he could not repay the amount as the crop was raided by wild elephants, his relatives said.
